285 Condor CtStathamGA30666
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Statham at 285 Condor Ct, Statham, GA, 30666 offers a 8.89% rental yield on a $392,605 purchase with $2,910/mo rent. Total monthly income registers $2,910/mo, and a $1,922/mo payment leaves $478/mo available for distribution. Annual cash flow reaches $5,742/yr on $130,149 to close, and return on cash invested stands at 24.32% in year one. Equity gained on principal adds $2,533/yr while 5% annual appreciation supports $108,470 over five years. Portfolio math shows five-year ROI at 126.51% and total cumulative return in cash at $164,650. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,910/mo property income against a $1,922/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
9,016 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30666, Statham, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,739 (100%) |
| Owner Occupied HU | 3,851 (81.3%) |
| Renter Occupied HU | 659 (13.9%) |
| Vacant Housing Units | 229 ( 4.8%) |
| Median Home Value | $338,353 |
| Average Home Value | $412,445 |
Housing Distribution
Address Breakdown
Residential
4,479
Single Family
3,986
Multi-Family
493
Businesses
207
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Listed by: Linda Spencer • D.R.. Horton Realty of Georgia, Inc
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7437739
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